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Single Family ResidenceResidential
$369,720$268 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026

5012 W 40TH ST

MINNEAPOLIS, MN 55416
3
Beds
1
Baths
1,378 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.21 ac
Lot SizeThe size of the land the home sits on, from county records.
1938
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$370K
$329K low$410K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,976 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$424,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$258,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$165,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$411,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$424,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHENNEPIN
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1975
Lot (acres)The size of the land the home sits on, from county records.0.21
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Floor/Wall Furnace
CoolingThe type of cooling or air conditioning in the home.Package
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
ViewThe type of view from the property, or another feature of the site that affects value.Lake
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 169 ft²Patio · 169 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Susan Lindgren Elementary SchoolA-
Elementary · Grades KG–5 · 0.3 mi
H
St. Louis Park High SchoolB+
High · Grades 9–12 · 1.2 mi
M
St. Louis Park Middle SchoolC
Middle · Grades 6–8 · 2.8 mi

District: St. Louis Park Public School District

Neighborhood · ZIP 55416These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.98
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.9

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.93%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.47%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.31,562
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,956 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$112,196
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$132,176
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5012 W 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 95% of homes in Minikahda Vista
  • Costs less per square foot than 93% of homes in Minikahda Vista
  • Smaller than 71% of homes in Minikahda Vista
  • Has a bigger lot than 82% of homes in Minikahda Vista
  • Older than 84% of homes in Minneapolis 55416

What homes are worth in Minneapolis 55416

Each bar is how many homes fall in that price range. The marker is this home.

This home
$129K$1.4M

This home is worth more than 45% of homes in Minneapolis 55416.

How it measures up in Minneapolis 55416

The dot is this home. The mark in the middle is the typical home in Minneapolis 55416.

Estimated value$369,720
CheaperTypical $392,592Pricier

Pricier than 45% of homes nearby

Price per ft²$268
CheaperTypical $306Pricier

Pricier than 34% of homes nearby

Living area1,378 ft²
SmallerTypical 1,375 ft²Bigger

Bigger than 50% of homes nearby

Lot size0.21 ac
SmallerTypical 0.24 acBigger

Bigger than 42% of homes nearby

Year built1938
OlderTypical 1955Newer

Newer than 16% of homes nearby

How 5012 W 40th St ranks against every home in each area.
MeasureThis homeMinikahda VistaMinneapolis 55416Hennepin County
Estimated valuepricier than$369,7205% of homes45% of homes51% of homes
Price per ft²pricier than$2687% of homes34% of homes47% of homes
Living areabigger than1,378 ft²29% of homes50% of homes51% of homes
Lot sizebigger than0.21 ac82% of homes42% of homes40% of homes
Year builtnewer than193817% of homes16% of homes19% of homes

About 5012 W 40th St

How much is 5012 W 40th St, Minneapolis, MN worth?

The TopHap Estimate for 5012 W 40th St, Minneapolis, MN is $369,720 as of Oct 21, 2026. The likely range is $329,029 to $410,411. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5012 W 40th St, Minneapolis, MN last sell?

5012 W 40th St, Minneapolis, MN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 5012 W 40th St, Minneapolis, MN?

5012 W 40th St, Minneapolis, MN has 3 bedrooms, 1 bathrooms, 1,378 square feet of living space and a 0.21-acre lot.

When was 5012 W 40th St, Minneapolis, MN built?

5012 W 40th St, Minneapolis, MN was built in 1938, making it 88 years old. The building has 1 story.

What schools serve 5012 W 40th St, Minneapolis, MN?

5012 W 40th St, Minneapolis, MN is assigned to Susan Lindgren Elementary School (elementary), rated A-; St. Louis Park High School (high), rated B+; St. Louis Park Middle School (middle), rated C. All sit in St. Louis Park Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5012 W 40th St, Minneapolis, MN compare to other homes in Minneapolis 55416?

Among the 11,585 homes in Minneapolis 55416, it is worth more than 45% of them ($369,720 against a typical $392,592), its price per square foot is higher than 34% of them ($268 against a typical $306), it is bigger than 50% of them (1,378 ft² against a typical 1,375 ft²), its lot is bigger than 42% of them (0.21 ac against a typical 0.24 ac) and it is newer than 16% of them (1938 against a typical 1955). Measured against all of Hennepin County, it is worth more than 51% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5012 W 40th St, Minneapolis, MN?

The 2025 property tax bill for 5012 W 40th St, Minneapolis, MN was $5,976. The county assessed it at $424,100.

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